Strategy

Approach

Our mission is to invest globally in early-stage and high-growth companies with technological advancements of strategic importance to Saudi Aramco, to accelerate their development and deployment in the Kingdom.

Criteria

We perform a 360° assessment of investment opportunities. Factors we consider include: Fit with Saudi Aramco technical needs, or with broader technology needs of the Kingdom of Saudi Arabia.

Target Sectors

We invest in technologies in upstream and downstream oil & gas, petrochemicals, water, energy efficiency and renewable with application in the Saudi Arabian market.

02 Feb 15

Dhahran, Saudi Arabia and Aberdeen, UK – 02 Feb 2015; Saudi Aramco Energy Ventures (SAEV), the corporate venturing subsidiary of Saudi Aramco, today announced the closing of an investment in Paradigm Drilling Services Limited. SAEV joins Buckthorn Partners as investors in the company. Established in 2009 Paradigm designs, manufactures, sells and rents a number of new generation drilling and intervention technologies, used both in the conventional and unconventional oil and gas sector. The company offers a wide range of products and services and supports a global customer base through its current commercial product range. Paradigm has a number of new tools in […]